Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Travis Kelis, along with the heads of Kansas City, suffered from a overwhelming loss in Super Paul Lakes after bumping 40-22 by Philadelphia Eagles. But his brother, Jason, also turned into a loser over the weekend.
Retired NFLER revealed that he had played “All My Mene” as he was in New Orleans for the big match on February 9.
Advertisement: High -return savings offers
Supported by Money.com – Yahoo may earn a commission of the above links.
“Casino is directly in the neighborhood, and because I won a lot of money last year in Las Vegas (in Super Bowl), I thought,” as you know, hey, we will keep this trader, this will be great, “this is what Jasson Kelis remembers during a” new highlands “episode that he hosts with Travis.
But magic did not work this time. He described one point while playing as “larger bloodbath than the game.”
Jason failed to take his advice before hitting the tables.
“I do not usually go to the casino,” he said. “It is like handing them money.”
Fortunately for Jason, after receiving $ 80 million over 13 years as a player and signed a $ 24 million contract with ESPN last May, it is likely to understand the loss.
Jason’s case is not surprising. Although athletic bet and other forms of gambling have become increasingly popular, the problem has spread like the Hashim fire.
About 85 % of the United States adults with a gambling at least once in their lives, according to the National Council for Problems (NCPG), while 60 % jumped over the past year.
The problem, however, is that gambling can lead to serious financial losses. NCPG estimates that the gambling problem costs Americans $ 14 billion annually in the form of criminal justice related to gambling and spending on health care, job loss, bankruptcy and other consequences.
One of the gambling problems is that it can start as a social activity and turn into darkness quickly. It may be difficult to say no when friends invite you to a casino to celebrate the birthday or a Bachelor’s party. But even one night of gambling can have serious financial consequences.
One thing you may want to do is only bring money with you to a casino. Leave your credit and deduction cards at home to avoid more gambling lunch or “enhance” your losses. Another option is to say no to gambling completely if something uncomfortable with it.
Once you feel in a state of control, start practicing healthy financial habits and putting part of your salary for investments.
You don’t have to invest large sums of money or time the markets perfectly build a nice wallet. The trick, according to the legendary investor, Warren Buffett, is constantly investing and harnessing the benefits of complex interest.
By constantly investing, allowing time and attention to doing work, you can sit and watch your savings grow. Investing can even a little money on a regular basis can lead to great long -term results.
You will probably keep some cash to cover your monthly expenses or in your emergency box. The financial planners usually suggest maintaining the monthly expenses for three to six months in the box.
Instead of storing the money in the traditional savings account, consider opening a high -return account and leave it cash. It works hard for you.
Tracking your spending is the key to building a healthy relationship with money. Once you know how much money comes and how much you spend, you can prepare goals for yourself for financial freedom.
The budget and tracking can help you understand your money, so that you can make every dollar for you.
with YnabYou can track spending and save everything in one place. Len your accounts so that you can see a large appearance of your expenses and the growth of clear value. You can give priority to providing short or long -term goals – such as a holiday or a batch offered for a house – with the feature of tracking the application goals.
If you want to pay the debts faster, you can Create dedicated crane plans To calculate the amount of interest you will provide if your monthly payments are topped with a little additional.
The platform allows you to use easy to simplify spending decisions and clarify your financial priorities. In addition, you do not need to add your credit card information to Start your free experiment today.
The uncertainty that the customs tariffs disturb inflation and increased the possibilities of potential stagnation.
But choosing the relatively safe assets like real estate can somewhat surround your portfolio of market risks. In addition, you can create a negative income source by investing in rental real estate, which helps you enhance your income.
Better, you do not need to take out a new mortgage in order to be the owner.
With the support of global investors such as Jeff Bezos and Mark Benioff, receipt It allows you to invest in a single -family residential property and rent holidays throughout the country.
It deals with all paper business and management throughout the investment life cycle, allowing you to sit and become an owner without the need to deal with any troubles. In addition, the arrival is distributed any rental revenue from real estate Monthly profit distribution checksHelping you prepare a negative income source from your home comfort.
Total returns ranges from 6 % -10 % annually. In comparison, the annual S&P 500 revenues slightly over 10.13 % since 1957. But with your arrival, you can also add The benefit of diversificationReal estate can be a hedge against the fluctuations in the stock market.